Sunday, 27 September 2020

Trans Satanist Anarchist Candidate for Sheriff: "Stop paying taxes. Opt out with bitcoin."

submitted by /u/FTL_Ian
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A new era of casinos that accept Bitcoin

You know something's coming up when the world's first online decentralised casino, EarnBet announces that it will be adding live poker,1000 slot machines and sports betting to its platform:https://twitter.com/EarnBetCasino/status/1306761103922221056 One can gamble via Bitcoin and simultaneously earn dividends in Bitcoin by holding the platform's token,BET

submitted by /u/NickyNick272
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source https://www.reddit.com/r/btc/comments/j0n8ly/a_new_era_of_casinos_that_accept_bitcoin/

[Flipstarter] CashSQL - a database backend for BCH

As some people I know in this space were unaware of my original post for this flipstarter, I've re-posted it to pitch it to the BCH community. Some additional Q/A provided below.

Flipstarter: CashSQL - an SQL backend for BCH.

Q. Why is this product relevant?

A. Simple answer is that raw UTXO databases by themselves are too "low-level" for anything useful. This is by design, as the data is maximally normalized and compressed for storage and transmission efficiency.

To make use of a UTXO database for a layer-2 p2p applications (gambling, social media, etc) it requires de-normalization and processing of this blockchain data. If every single project needs to get kneck-deep in these complexities, it's going to stop a great many of them in their tracks due to cost and time (I've seen this happen personally).

This product alleviates this burden significantly which means layer-2 applications can be rapidly developed for BCH. Lowering the entry-barrier for outsider developers also means more (non-protocol) developers can enter eco-system.

Note that other eco-systems have comparable projects (e.g. BSV's Planaria which is what most of their projects are using).

Q. Why 6-12 months?

A. The existing MVP took 6 months to develop and another 6-12 months are needed for the enterprise-grade finish. For example:

Need to support multiple DBMS's using an abstraction layer for more DBMS's later.
There are all sorts of problems encountered at this scale of data. I call it doing "big data on small data infrastructure". Try out the MVP, cross-join on the TXO table and see if you can break it -- you cannot. It's fully stable and responds even for crash-able queries.
During import, the data is parsed directly from raw BLK files speed up installation process, and this requires LevelDB integration and all sorts of custom core stuff (e.g. they use a different compact integer format in storage than in chain).
Blockchain data tends to be maximally efficient and normalized, however applications consume denormalized data. For example, getting the "fee" of a transaction is a transitive calculation based on input/outputs. Getting the "fee" in USD is then a join to another table. All these things are data-transformations which need to be applied during import. Whilst a node can give you the "fee" there's other things they don't give. Real-world use cases need to parse OP_DATA payloads for Dapps whichl require custom transforms during import (you can't search for this stuff retrospectively in the chain).
The complexities pile on, but nothing that can't be solved.

Q. What guarantees do we get for delivery? Can't you just run off with the raise?

A. If this flipstarter is funded, I will deliver no matter what. The fact that a substantial MVP is provided is evidence of competence and delivery. Also, I am raising through a company structure and publicly identified myself so it's possible for any contributor to launch litigation should I fail to deliver (and I have no problem with that).

submitted by /u/HermanSchoenfeld
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source https://www.reddit.com/r/btc/comments/j0nifo/flipstarter_cashsql_a_database_backend_for_bch/

False safety issue

I find it very common, to prevent people from doing the right thing using false safety concerns.

We have to wear the (COVID19) mask for people's safety.

We have to keep the block size small for network safety.

Outcome:

Majority of people wear a mask, while the global economy is crushing with huge consequences.

Majority of people use BTC while the network fees get extremely high, confirmations too slow, destroying the reputation of Bitcoin as a scalable financial network.

submitted by /u/walerikus
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source https://www.reddit.com/r/btc/comments/j0n85v/false_safety_issue/

Bittrex holding withdrawals as hostage (literally stealing)

So I'm posting this here after reading up some other cases of bittrex holding peoples money/locking accounts etc. . I was hoping if anyone has any ideas what to do and how to proceed to get my money back.

Below is a straight copy of the post I made at r-bittrex, which pretty much seems like it's just a bunch of made up excuses.

No email confirmation and withdrawal pending for over 2-weeks now

First of all, yes I know this is not a support forum, yes I have opened a ticked and been in contact with specialists.

So to the point, first the backstory: So I withdrew EUR like I've done multiple times before with no problems. Now when I withdrew a higher amount than usual (a bit over 500€), I didn't receive any email confirmation, straight up after 2fa it said "successful" and I didn't really think of it more. 6-days later the status was still pending, so I opened a ticket. The reply that I got was "this is a common bug and can sometimes happen with wire transfers that they get stuck in pending status. You can cancel the withdrawal with the red X button in your pending withdrawals page. If that X does not appear however that means that transaction ID is already generated and withdrawal can not be cancelled" and that we encourage users wouldn't withdraw using wire transfers, but SEPA transfers instead". So there I was, stuck with no ability cancel and re-do the withdrawal. Not to mention that I never had any option to even select if I wanted a wire transfer or SEPA, and not to mention that if it's really a common bug why is there no big red warning on the withdrawal page about it?!

So they forwarded me to a specialist to talk more after I asked if there is something we can do to solve this, for me 500€ is not like allowance candy money and I really want it out of there obviously. The statement I got from the specialist was that their technician team is working on the issue, and that if I wanted they can enable SEPA on my account. So I said "yeah please do enable it. And please do tell me if you can cancel the withdrawal from your end". And to be fair they should be able to cancel it, just call your bank goddammit, if the transaction has not left that bank it can be cancelled, if it has left it should've been on my account a long time ago.

But no, they can't answer that question, they just straight up ignore it. The reply to that enabling SEPA was "would you please confirm which account you want it to be enabled for" and straight up ignoring my latter question.

The ability to throw out half-assed answers and avoid answering to questions when you're holding peoples money hostage is fucking disgusting.

Have a great day.

submitted by /u/xfounditx
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One day I'll have grandchildren and I'll tell them how I fought during the UASF "war" back in 2017

Are there other people here who have this strange feeling when they look back at 2017 that we fought and won a war "back in the days" that threatened Bitcoin freedom ?

submitted by /u/okidoc-me
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